Form 4: Mastercard Executive Sells Shares Under Pre-Planned Trading Plan
Insider Transaction Report
Mastercard's President of Americas, Linda Kirkpatrick, sold 959 shares of Class A Common Stock for approximately $572.86 per share, executed under a pre-planned 10b5-1 trading plan.
Summary
- Linda Pistecchia Kirkpatrick, President of Americas at Mastercard Inc. (MA), reported a sale of company stock.
- The transaction involved the disposition of 959 shares of Class A Common Stock.
- The shares were sold at a price of $572.86 per share, totaling approximately $549,272.74.
- Following this transaction, Ms. Kirkpatrick beneficially owns 25,540.052 shares of Class A Common Stock.
- The sale was conducted on June 13, 2025.
- This transaction was executed pursuant to a Rule 10b5-1 pre-planned trading plan, which was adopted by Ms. Kirkpatrick on March 14, 2025, for personal financial management purposes.
Sentiment
Score: 5
Explanation: The transaction is a pre-planned sale under a Rule 10b5-1 plan for personal financial management, which is a neutral event as it does not reflect new discretionary selling based on material non-public information.
Positives
- The transaction was executed under a pre-planned Rule 10b5-1 trading plan, indicating a scheduled, non-discretionary sale for personal financial management rather than a reaction to new material non-public information.
Negatives
- An insider sale, even under a 10b5-1 plan, reduces the direct ownership stake of a key executive in the company.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: The sale by a key executive, even if pre-planned, slightly reduces insider ownership, which some investors might monitor.
- Employees, Customers, Suppliers, Creditors: No direct impact indicated by this specific transaction.
Key Dates
| Date | Description |
|---|---|
| 2020-12-09 | Date of the power of attorney granted to Craig Brown for Linda Kirkpatrick. |
| 2025-03-14 | Date the Rule 10b5-1 pre-planned trading plan was adopted by Linda Kirkpatrick. |
| 2025-06-13 | Date of the reported transaction (sale of Class A Common Stock). |
| 2025-06-16 | Date the Form 4 was signed. |
Keywords
Mastercard, MA, SEC Form 4, insider trading, stock sale, executive compensation, 10b5-1 plan, Linda Kirkpatrick, financial services, payment processing
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